DXC Technology Company (DXC) Financial Statements (2024 and earlier)

Company Profile

Business Address 20408 BASHAN DRIVE
ASHBURN, VA 20147
State of Incorp. NV
Fiscal Year End March 31
Industry (SIC) 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
3/31/2023
12/31/2022
MRQ
3/31/2022
3/31/2021
3/31/2020
3/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,8582,0912,6722,9683,6792,899
Cash and cash equivalents1,8582,0912,6722,9683,6792,899
Receivables3,4413,4543,8544,1564,3925,181
Prepaid expense565653617567646627
Disposal group, including discontinued operation 557735160  
Other current assets255218268357270359
Total current assets:6,1246,9937,4468,2088,9879,066
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization4244626028341,220
Operating lease, right-of-use asset9099541,1331,3661,428
Nontrade receivables 192 130136180137
Property, plant and equipment      3,179
Intangible assets, net (including goodwill)3,1083,2763,9954,6847,74813,545
Goodwill5395356176412,0177,606
Intangible assets, net (excluding goodwill)2,5692,7413,3784,0435,7315,939
Disposal group, including discontinued operation, noncurrent assets1811582353  
Deferred income tax assets460219221289265
Other noncurrent assets3,2474,6534,8504,1924,0313,429
Other undisclosed noncurrent assets1,3631,5821,6801,9762,147218
Total noncurrent assets:9,72111,26112,69313,83017,01920,508
TOTAL ASSETS:15,84518,25420,13922,03826,00629,574
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,6182,7844,4555,3385,1045,673
Taxes payable16336875 
Employee-related liabilities570698630652
Accounts payable7828528409141,5981,666
Accrued liabilities1,8361,9322,8823,3582,8013,355
Deferred revenue1,0549691,0531,0791,021
Debt5008739001,1671,2761,942
Restructuring reserve10579113225145 
Liability for uncertainty in income taxes 1 343012 
Disposal group, including discontinued operation 953823118  
Contract with customer, liability1,630
Other undisclosed current liabilities900927275193337208
Total current liabilities:5,1876,1706,8538,1507,8959,453
Noncurrent Liabilities
Long-term debt and lease obligation, including:4,1873,8504,0654,3458,6725,470
Long-term debt, excluding current maturities3,9003,8504,0654,3458,6725,470
Capital lease obligations645
Finance lease, liability287289354496602
Other undisclosed long-term debt and lease obligation (289)(1,169)(1,534)(1,665)(645)
Liabilities, other than long-term debt2,3512,5223,0703,2423,2822,265
Accounts payable and accrued liabilities   39130168201
Deferred revenue788804862622735
Contract with customer, liability256
Deferred income tax liabilities   576360718
Liability for uncertainty in income taxes   379364271216
Liability, pension and other postretirement and postemployment benefits 463 590793761790
Restructuring reserve 24394535106
Disposal group, including discontinued operation, liabilities 3113920  
Other liabilities449992546908594696
Operating lease, liability6486918151,0381,063
Other undisclosed noncurrent liabilities3007607769931,028661
Total noncurrent liabilities:6,8387,1327,9118,58012,9828,396
Total liabilities:12,02513,30214,76416,73020,87717,849
Equity
Equity, attributable to parent3,4974,6275,0524,9734,78511,402
Common stock223333
Treasury stock, value(187)(186)(173)(158)(152)(136)
Additional paid in capital9,1219,67010,05710,76110,71411,301
Accumulated other comprehensive loss(774)(736)(385)(302)(603)(244)
Retained earnings (accumulated deficit)(4,665)(4,123)(4,450)(5,331)(5,177)478
Equity, attributable to noncontrolling interest323325323335344323
Total equity:3,8204,9525,3755,3085,12911,725
TOTAL LIABILITIES AND EQUITY:15,84518,25420,13922,03826,00629,574

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
3/31/2023
12/31/2022
TTM
3/31/2022
3/31/2021
3/31/2020
3/31/2019
Revenues14,43013,76016,26517,72919,57720,753
Cost of revenue(12,096)(9,113)(12,688)(15,874)(14,904) 
Cost of goods and services sold(11,246)(8,504)(12,683)(14,086)(14,901) 
Gross profit:2,3344,6473,5771,8554,67320,753
Operating expenses(3,219)(5,173)(2,713)(1,201)(10,748)(19,238)
Other operating income (expense), net(1,084)1,0331,081(102)720 
Other undisclosed operating income (loss)3,126932(570)5507,4161,754
Operating income:1,1571,4391,3751,1022,0613,269
Nonoperating income (expense)(1,165)1,0531,053(124)  
Net periodic defined benefits expense (reversal of expense), excluding service cost component (1,180) 1,066(110)  
Interest and debt expense(200)(368)(515)(402)(383)(334)
Other undisclosed loss from continuing operations before equity method investments, income taxes     (6,906)(1,420)
Income (loss) from continuing operations before equity method investments, income taxes:(208)2,1241,913576(5,228)1,515
Other undisclosed income (loss) from continuing operations before income taxes(677)(2,152)(772)78  
Income (loss) from continuing operations before income taxes:(885)(28)1,141654(5,228)1,515
Income tax expense (benefit)319298(405)(800)(130)(288)
Income (loss) from continuing operations:(566)270736(146)(5,358)1,227
Income (loss) before gain (loss) on sale of properties:209736(146)(5,358)1,262
Income from discontinued operations      35
Net income (loss):(566)270736(146)(5,358)1,262
Net loss attributable to noncontrolling interest(2)(13)(18)(3)(11)(5)
Net income (loss) available to common stockholders, diluted:(568)257718(149)(5,369)1,257

Comprehensive Income ($ in millions)

9/30/2023
TTM
3/31/2023
12/31/2022
TTM
3/31/2022
3/31/2021
3/31/2020
3/31/2019
Net income (loss):(566)270736(146)(5,358)1,262
Other comprehensive income (loss)(391)(624)(72)304(348)(305)
Comprehensive income (loss):(957)(354)664158(5,706)957
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(2)(19)(29)(6)(22)(2)
Other undisclosed comprehensive income, net of tax, attributable to parent2     
Comprehensive income (loss), net of tax, attributable to parent:(957)(373)635152(5,728)955

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: